GRAB has registered its 2nd monthly green candle after correcting for more 6 months. Net volume has surged impressively.
Long term monthly Higher lows has been created - slowly shifting the weighty bear trend. Long positions has finally taken over shorts based on recent price action this past 60 days.
Recent data is suggesting more exponential rise is expected...
Grab, established in 2012, is a multifaceted platform offering ride-sharing, food and grocery delivery, and financial services across eight Southeast-Asian countries. It dominates the market, especially in ride-sharing and food delivery, accounting for 89% of its revenue, with significant contributions from Singapore and Malaysia. Grab competes with Foodpanda and...
GRAB is a multi-dimensional fintech company serving SouthEast Asia. It does there what DASH
UBER and PYPL do in the US. Like many other or even most penny stocks it has volatility
which is the foundation for swing trading it for good profits. On the 60 minute chart are
the horizontal supply and demand zones as well as dynamic areas of high volume and...
Dont know why this is trending up today considering the markets reaction over fed news and rate cuts nowhere to be seen anytime soon, preparation for higher rates for longer loom on the stock market. While many equities have done well in this economic downturn, equities similiar to this stock e.g UBER LYFT have been massively outperforming GRAB by a long shot. ...
The UBER of ASIA you could say, up for grab. No longer a dump, but its time to PUMP. As we reach earnings near end of FEBUARY the potential to the upside is more apparant now so more than ever. As we observe the graph I have the 9 day and 30 day moving average represented by the purple and yellow line which signals a short to intermediate term buy on the bullish...
Price played out nicely as analyzed last week, with price finally taking out the relatively equal lows at 3.00 which I talked about since 24 Nov 2023. However, price is still within an overall bearish order flow on the higher timeframe. I'm expecting this rally to be short-lived and next target could potentially be the clean highs at 3.44.
Price consolidated since my last analysis. Price action is unclear on the higher timeframe right now. However, on the lower timeframe, we saw that price actually took out the clean lows at 3.19 and rallied from there as what I expected last week. From there we had a nice clean break of market structure to the upside. Price has been building buy-side liquidity...
Price played out nicely as my last analysis, rallying from the bullish OB at 3.11. Target for this rally is the clean highs at 3.44, but I'm expecting a bearish retracement from here with the equal lows at 3.19 being formed.
Price failed to fill the FVG at 3.67 which I was expecting before falling. Price is currently re-mitigating the current bullish OB. If price wants to go higher, I'm expecting this bullish OB to hold, and price has to break the highs at 3.44 to confirm a bullish move. Potential target for this bullish move is to fill the FVG at 3.67. Institutional $3.00 could be...
Private group asked about this last week. I was expecting price to take out the sell-side liquidity at 3.36 before going higher to fill the FVG at 3.67. Right now, price has taken out the liquidity and is showing bullish momentum on the LTF. No changes in my expectations.
If you haven`t bought GRAB ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of GRAB Holdings prior to the earnings report this week,
I would consider purchasing the 3usd strike price in the money calls with
an expiration date of 2023-10-20,
for a premium of approximately $0.45.
If these options prove to be profitable prior...
Grab is the leading superapp in Southeast Asia , providing everyday services such as mobility, deliveries and digital financial services to millions of Southeast Asians. After a long-lasting Downtrend, Grab found a Bottom and formed a Continuation Pattern . If this Pattern breaks to the Upside, mixed with good Fundamentals, the stock could go back in a Range...
Price missed the bullish POI at 3.11 by a few cents, and proceeded to rally, giving us a 13.86% move to the upside since my last analysis. Price has taken buy-side liquidity built in early 2023, and is currently showing signs of bearishness. I'm expecting a bearish retracement to be coming, potentially to mitigate the bullish POI at 3.41 next.
Price did not play out according to my last analysis. Price took liquidity above 3.57 and failed to close above. Price is currently showing bearish momentum and the potential target for this down move is the bullish POI at 3.11.
